The name given to the 16 EU countries who have adopted the Euro as their sole currency. The European Central Bank is responsible for the monetary policy of the Eurozone.
Bailed-out Ireland is to contribute an additional €90 million to the European Union to help plug a shortfall in its 2013 budget. Ludicrous? Yes – but it’s hardly a blip on the radar of incongruity that is the EU’s funny money parade, writes Aaron McKenna.
While other countries are showing signs of difficulty, it’s Spain’s deterioration which could bring the euro crisis to its most dangerous point, writes Tom McDonnell, who asks where Europe goes from here?
The EU needs to either get on with integration, proper banking and political union or separate into amicable trading partners and neighbours, writes Aaron McKenna.
Senior Bank of Cyprus official Mario Skandalis confirmed the figures, although he said they had not been finalised and a final announcement was expected by Monday.
Speaking in Brussels ahead of crunch talks on a proposed bailout for Cyprus, Finance Minister Noonan said he expected to reach a deal but that it will be a long night.
Elmar Brok, the chair of the European Parliament’s Foreign Affairs Committee, has admitted he can foresee a situation where Cyprus could exit the single currency and said that authorities underestimated the current situation there.
FRANCE HAS BECOME the 14th country to legalise same-sex marriage after President Francois Hollande signed the measure into law today following months of bitter political debate.
In Ireland last month, 79 per cent of delegates at the Constitutional Convention voted in favour of same-sex marriage but the Government will hold off on a referendum until next year despite the overwhelming support.
It comes two years after the legalisation of Civil Partnership.
Is another year too long for a referendum on gay marriage? Or, are you opposed to the idea entirely?
So today, we want to know what do you think. Would you welcome the legalisation of same-sex marriage in Ireland today, similar to France?